On October 2nd, a Project Called Doublezero Set Off a Coin Listing Blitz in the Crypto World. On that day, Its Mainnet Beta Version Officially Launched, and Its Native Token, 2Z, was listed on Multiple Global Exchangs, Including Binance, Bybit, and Upbit, ALMOST Simultaneously and at Unpreatedented Speed.
3. Resources capacity: The great launch of the Doublezero, 2Z code, the project’s ability to integrate industry resources. On October 3, the distinctive symbol was almost simultaneously included on all major international stock exchanges, including Binance, Kraken and Upbit. Moreover, Solana’s official support and active participation of the verification system provided strong support for the important response in the market for Definzero, though this Air absence .
4. Compliance: Doublezero’s mature compliance capabilities are a rare feature among emerging encryption projects. Before its launch, I received a letter “without taking action” from the SEC, saying that “if the distinctive code 2Z is distributed programming as shown, SEC will not recommend an enforcement procedure, and the distinctive code is required as safety.” Moreover, Panews note that Doublezero’s 2z TOKEN, when sold at Coinlist earlier this year, has achieved a record of being the first open symbolic sale of accredited investors in the United States since the 2019 Coinlist launch. Its compliance capabilities may also be the “pass” that allowed exchanges of more strict compliance requirements, such as Coinbase and UPbit, to launch its offers quickly.
It is very far From c -end. Can the market temperature be maintained?
Despite these potential advantages, Doublezero’s distinctive symbol price has not seen a continuous rise since its initial launch. In addition to the dull price growth caused by his highly opening evaluation, it reflects the lack of Gerlob in society, which has sparked criticism from society, near Doublezero, who imagines institutions and distance from society.
First, given the characteristics inherent in the project, while it is the DePin project, the entry threshold is high, which requires participants to own the infrastructure of the professional network such as optical cables allocated fiber and data center rooms. This directly excludes ordinary players. Moreover, the narration is very vertical. Compared to public chains such as L1 and L2, which can see a large number of application layer projects that lead the ecosystem, the basic benefit of Doublezero may reach more infrastructure of the public chain. In general, DEFINZERO’s characteristics are scheduled to be close to the end of work and far from the end of the consumer.
Moreover, Doublezero’s operating strategy lacks adequate focus on the end of the consumer in the market. For one reason, the project did not provide Testnet users a plan to participate in Airdrops. Even the distinctive symbolic targeting in Coinlist targets institutional users at the audit level. While Definezero is a partnership with Binance to launch “Hodler Airdrop”, this model has not generated much of the ducts in the market and not a symbol of appreciation of its community.
As a result, the Doublezero community was not very excited. After reaching a rise of $ 1.28, the distinctive code price quickly decreased to about $ 0.51, with a maximum of 60 %.
In general, Definzero’s launch was undoubtedly amazing. From the project development perspective, it offers a new development strategy and a narrative structure. This offers an insight into the future of the encryption market. If the project is up to the level of expectations, it may become a new giant in the Defi space. However, from the perspective of the encryption market, the philosophy of this project and the features of products are far from consumer users. The most direct way to the participation is through speculation about the value of the distinctive symbol. This is also its primary disadvantage, and its future value is likely to depend on the continuous expansion of its commercial operations to business (B2B).
